The Independent Electricity Market Operator of the Philippines (IEMOP) said Tuesday the system-wide average electricity prices at the Wholesale Electricity Spot Market (WESM) soared to P7.85 per kilowatt-hour as of May 19, up nearly P1 from P6.90 per kWh in April.
IEMOP said in its monthly presentation of operational highlights that average power demand also increased in May to 15,651 megawatts from 14,376 MW in April amid the continuing high...
State-run National Power Corp. expects the universal charge for missionary electrification subsidy to reach P30 billion in 2024.
NPC filed a petition with the Energy...
Former Energy secretary Vince Perez and Solar Pacific Energy Corp. chief executive Mike Lichtenfeld quickly bonded when they first met as colleagues in pursuit...
Basic Energy Corp. said Friday it launched an electric vehicle charging station at the EcoOil Station along EDSA Southbound.
BEC said wholly-owned subsidiary Basic Energy...